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  • Fintech News
    • Fintech
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    • InsurTech
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    • Lending
  • Blockchain
    • Blockchain
    • Cryptocurrency
    • Digital Assets
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    • DeFi
    • Tokenization
  • Startup Funding
  • Artificial Intelligence
  • Thought Leadership
    • Industry Voices
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      • 2025
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Breaking News

Dubai Municipality launches the first-of-its-kind “Work from Park” initiative
How to Raise a Child Who Thinks like an Investor?
ADX empowers entrepreneurs and investors at the Abu Dhabi Global Entrepreneurship Festival
Singapore Gulf Bank launches Stablecoin Mint and Redeem Service
Dubai-based Ray raises $1.2M to launch a powerbank-sharing service in Dubai and scale across the GCC

H1-Profit

RAKBANK posts AED 1.2B Net Profit

RAKBANK posts AED 1.2B Net Profit (before tax) up 33% YoY in H1-2024

By Fintech News UAE Staff July 31, 2024 0

RAKBANK has reported impressive financial results for the first half of 2024, showcasing significant growth in key metrics. The bank’s net profit before tax surged by 33% to AED 1.2 billion, while net profit after tax increased by 21% year-on-year, reaching AED 1.1 billion. Total income for the period rose by 8.7% to AED 2.3 […]

Recent Posts

  • Dubai Municipality launches the first-of-its-kind “Work from Park” initiative April 20, 2026
  • How to Raise a Child Who Thinks like an Investor? April 20, 2026
  • ADX empowers entrepreneurs and investors at the Abu Dhabi Global Entrepreneurship Festival April 20, 2026
  • Singapore Gulf Bank launches Stablecoin Mint and Redeem Service April 17, 2026
  • Dubai-based Ray raises $1.2M to launch a powerbank-sharing service in Dubai and scale across the GCC April 17, 2026

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